Coordination In Project Management

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2.3.1.2. Project Coordination
It is essential for a project manager to acquire interpersonal skills like motivation, conflict management and leadership as human aspect in the project management besides technical skills (K.Verma, 1995). James Taylor (2006) also asserted that personal characteristic of a good project manager has ability to balance technical and human components of a project, problem solving and decision making capability and good time management. The real key to success can only be achieved through good leadership, mentoring, coaching and negotiation. They must therefore have a strong, active and continuous interest in teaching, training and developing subordinates (Taylor, 2006).
The project managers rarely posses all the …show more content…

Averting the deep-rooted misperceptions, myths, mindsets and the unlawful practices would require short-term and the long-term strategies. Isra emphasizes that, the short-term strategies should focus on the newly initiated projects and may include: a participatory planning involving all line managers in order to develop a sense of ownership; involvement of civil society for a greater transparent accountability system to ensure the identification and recruitment of more visionary and competent leadership and better management of resources, and an effective monitoring and supervisory mechanism for maintaining good quality of project outputs (Kusek & Rist, 2004). The donor agencies should make the availability of funds conditional to the enforcement of these short-term strategies. The long-term strategies may include: Sound policies and appropriate strategies to mitigate poverty and implement good governance reforms, political stability and commitments, and the focused efforts to build institutional …show more content…

Financial Management consists of all the activities concerned with obtaining money and using it effectively. Effective financial management involves careful planning and efficient use of resources. Proper financial management can ensure that financial priorities are established in line with project goals and objectives; spending is planned and controlled in accordance with established priorities and sufficient financing is available when it is needed (Pride, 2002).
Good financial management reduces project expenditure by ensuring that the services needed by the citizens especially the poor are actually delivered, maintained and worked properly. The key objectives of financial management of world bank project projects are to follow the use of funds for intended purpose as based on approved plan and budget, and submission of an adequate report to the donor.
Most local authorities are faced with financial problems due to failure to make realistic budgets, lack of control ,low financial performance and poor financial management practice. This has led to lack of services rendered to its residents ( Kiringai, J. and G. West.

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